Instructure Holdings, Inc. (INST)
NYSE: INST · IEX Real-Time Price · USD
23.76
+0.30 (1.28%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Instructure Holdings Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for INST stock have an average target of 30, with a low estimate of 28 and a high estimate of 32. The average target predicts an increase of 26.26% from the current stock price of 23.76.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 17, 2024.
Analyst Ratings
The average analyst rating for INST stock from 7 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 4 | 4 | 4 | 4 | 3 | 3 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 8 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $32 | Strong Buy | Reiterates | $32 | +34.68% | May 17, 2024 |
| Needham | Needham | Strong Buy Reiterates $32 | Strong Buy | Reiterates | $32 | +34.68% | May 9, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $31 → $28 | Buy | Maintains | $31 → $28 | +17.85% | Apr 19, 2024 |
| Needham | Needham | Strong Buy Reiterates $32 | Strong Buy | Reiterates | $32 | +34.68% | Mar 13, 2024 |
| Keybanc | Keybanc | Buy Maintains $32 → $28 | Buy | Maintains | $32 → $28 | +17.85% | Feb 21, 2024 |
Financial Forecast
Revenue This Year
676.38M
from 530.21M
Increased by 27.57%
Revenue Next Year
741.98M
from 676.38M
Increased by 9.70%
EPS This Year
0.87
from -0.24
EPS Next Year
1.02
from 0.87
Increased by 18.01%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 699.8M | 774.7M | 862.6M |
| Avg | 676.4M | 742.0M | 813.3M |
| Low | 647.8M | 707.0M | 769.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 32.0% | 14.5% | 16.3% |
| Avg | 27.6% | 9.7% | 9.6% |
| Low | 22.2% | 4.5% | 3.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.92 | 1.31 | 1.33 |
| Avg | 0.87 | 1.02 | 1.20 |
| Low | 0.77 | 0.87 | 1.02 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 51.5% | 30.2% |
| Avg | - | 18.0% | 17.7% |
| Low | - | 0.7% | -0.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.